A group of pension fund managers have warned incoming bank capital rules could shut schemes out of derivatives or force them to sell long-term assets to generate cash.
In a joint letter to European commissioner for Financial Stability, Financial Services and Capital Markets Union, Lord Jonathan Hill (pictured), they warned the new leverage ratio and net stable funding...
LGPS Central has launched its £680m multi-asset credit (MAC) fund with initial buy-in from four local authority partner funds.
Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from XPS Pensions Group.
Government proposals to employ a charge cap smoothing mechanism in a bid to incentivise defined contribution (DC) pension scheme investment in illiquid assets could have the opposite effect, says the Society of Pension Professionals (SPP).
Willis Towers Watson has committed its delegated investment portfolios to net zero by 2050, with at least a 50% reduction by 2030.